Bitcoin being subjected to several drawbacks such as high fees, delayed transaction time and dethroned of the tag of being the most anonymous coin is hanging around 100 and 200 SMA on my 4 hourly graph.
What does the graph say ?
Simple! Despite its several efforts to come out of consolidation zone Bitcoin failed everytime.
Why so?
People feared the crashing of bitcoin and are afraid of investing in it anymore .
Then where are they investing in ?
Altcoins, like Ripple and Tron (TRX). They are dirt cheap and with huge potential to turn the future of even those who missed the Bitcoin bus 馃殞.
Will Bitcoin crash in near future ?
Not likely. People are trying to solve above mentioned problems bitcoin is suffering from and if resolved, Bitcoin, the father of all ctyptos will fly like the Dragon 馃悏 of GOT. But till then, let's not hope bitcoin is going anywhere.
Top 5 Cryptos to invest in?
Ethereum, Ripple, Tron, Siacoin, and Steem.
Note : These are the currencies I believe would flourish and have invested in personally.
Suggestions and critism are more than welcome. Thanks.
